Helvetia Baloise Issues CHF 275 Million Subordinated Bond

Helvetia Baloise has successfully placed a CHF 275 million subordinated bond on the Swiss capital market. Offering a 2.2875% coupon, the proceeds will support general corporate pursuits, including refinancing. This move highlights Helvetia Baloise’s robust access to the Swiss capital market and the trust investors have in its financial stability.

The bond has a 20-year maturity, first callable in 2036. CFO Matthias Henny emphasized that the transaction reflects investor confidence in Helvetia Baloise’s solid financial standing, aiding in managing capital structure proactively while optimising financial flexibility. UBS and Zürcher Kantonalbank were joint lead managers for this transaction.